Buy-and-Hold investors in ~GAYFRIENDLY experienced a maximum drawdown of -7.0% over the last three months. It lost -4.78% during this down trending period. There were both Long and Short signals during this period, where the short signals were significantly more profitable than the long signals.

Trend

Monthly Performance

Alpha (outperformance)

Heatmap

Volatility

Return distribution

~GAYFRIENDLY has been outperforming the SP500 index in recent time. Over the last 2 years 11 months and 14 days, ~GAYFRIENDLY outperformed the SP500 index on 60% days.

~GAYFRIENDLY was profitable on 50% days in the last three months. During this time, it delivered on average -0.07% per day. It delivered it's worst daily return of -2.75%, during this period, on Wednesday, 10 Oct, 2018. There was initially a bullish trend during this period which started on 27 Sep, 2018 and went on till 3 Oct, 2018. The bullish trend returned +0.88% to investors. This was followed by a bearish trend that started on 9 Nov, 2018 and ended on 14 Nov, 2018. This bearish trend lost -2.55% of investor capital.

~GAYFRIENDLY had 8 profitable and 4 loss making months over the last year. During the last year, number of profitable months of ~GAYFRIENDLY and SP500 index were the same. ~GAYFRIENDLY was also a less risky investment than SP500 index as it's worst month in the last year, Dec 2018, returned -6.89% compared to -7.75% returned by SP500 index in Dec 2018. ~GAYFRIENDLY and SP500 index, both had periods of 6 consecutive profitable months. It is interesting to note that both ~GAYFRIENDLY and SP500 index significantly outperform during months when quarterly/annual results are announced.

The stock market is filled with individuals who know the price of everything, but the value of nothing. -- Philip Arthur Fisher

~GAYFRIENDLY is becoming less volatile overall. In comparison, the SP500 index is seeing a rise in volatility. During the last three months, there was a significant surge in ~GAYFRIENDLY's volatility from 19 Sep, 2018 to 26 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 19 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that ~GAYFRIENDLY has significant positive skewness in it's return distribution. This indicates that investors can expect ~GAYFRIENDLY to recover from drawdowns quickly. Which makes ~GAYFRIENDLY a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

SP500 index has more chance of extreme outcomes than ~GAYFRIENDLY. Therefore, SP500 must receive a lower allocation than ~GAYFRIENDLY in your portfolio. SP500 index usually has shorter drawdown period than ~GAYFRIENDLY.

On a general note (since you are interested in ~GAYFRIENDLY), AAXN is a small cap that deserves to be closely tracked for investment opportunities.

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